Stan wants to start an IRA that will have $250,000 in it when he retires in 25 years. How much should he invest semiannually in
his IRA to do this if the interest is 6% compounded semiannually? Assume an Annuity Due. Round to the nearest cent.
1 answer:
Answer:
10000
Step-by-step explanation:
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Step-by-step explanation:
hello,
the question is not really clear. i believe the intended equation would be

please check the attached file for the step by step proof.
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please mark me as brainlest
simplified is 
I got this by dividing both the numerator and denominator by 4
Hope this helps
-AaronWiseIsBae
Step-by-step explanation:
Given.


Take the second equation and subtract 2y to both sides.


Substitute x into the first equation and simplify.




Invert.

Substitute Y into your second equation.



Add -6 to both sides.


Answer:
(6, -3)
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